It takes the average reader 3 hours and 39 minutes to read Inside the Fed by Stephen H. Axilrod
Assuming a reading speed of 250 words per minute. Learn more
The ultimate Federal Reserve insider offers insights into the inner workings of the Fed over the past fifty years. Stephen Axilrod is the ultimate Federal Reserve insider. He worked at the Fed's Board of Governors for over thirty years and after that in private markets and as a consultant on monetary policy. With Inside the Fed, he offers his unique perspective on the inner workings of the Federal Reserve System during the last fifty years—writing about personalities as much as policy—based on his knowledge and observations of every Fed chairman since 1951. Axilrod's discussion focuses on how the personalities of the various chairmen affected their capacity for leadership. He describes, for example, Arthur Burns's response to political pressure from the Nixon White House and Paul Volcker's radical shift to an anti-inflationary policy at the end of the 1970s—a transition in which Axilrod himself played a crucial role. As for the Greenspan years, Axilrod points to the unintended effects of the Fed's newfound "garrulousness" (the plethora of announcements and hints about policy intentions)—one of which was the Fed's loss of credibility in the aftermath of the chairman's 1996 comment about "irrational exuberance." And Axilrod incisively outlines the problems—including the subprime mess—inherited from Greenspan by the current chairman, Ben Bernanke. Great leadership in monetary policy, Axilrod says, is determined not by pure economic sophistication but by the ability to push through political and social barriers to achieve a paradigm shift in policy—and by the courage and bureaucratic moxie to pull it off.
Inside the Fed by Stephen H. Axilrod is 215 pages long, and a total of 54,825 words.
This makes it 73% the length of the average book. It also has 67% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 4 hours and 59 minutes to read Inside the Fed aloud.
Inside the Fed is suitable for students ages 12 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
When deciding what to show young students always use your best judgement and consult a professional.
Inside the Fed by Stephen H. Axilrod is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.
To buy Inside the Fed by Stephen H. Axilrod on Amazon click the button below.
Buy Inside the Fed on Amazon